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Business News and Headlines
Business
March 26, 2024
Flutter Entertainment Posts $11.8B Revenue, Weighed by Loss
Flutter Entertainment is shutting the book on a full financial year with the company seeing a 24.6% increase in its annual revenue, but also posting a $1.21bn net loss which has prevented the FTSE100 company from shining. Loss Prevents Flutter from Shining in FY2023 The negative performance market has widened since FY2022 when the company […]

Business
March 25, 2024
Swintt Expands Presence in Germany via Bet-At-Home Deal
Swintt, a leading provider of gambling software and games, has unveiled a new tie-up with Bet-At-Home, a German iGaming platform. Under the deal, the former company will inject its full SwinttPremium portfolio into the operator’s content offering. Bet-At-Home is one of Germany’s big sports betting operators, which is now slowly expanding its lineup of iGaming […]

Business
March 25, 2024
Catena Media Proposes New Board Appointments Ahead of AGM
The Nomination Committee of affiliate giant Catena Media proposed the reelection of several directors and the appointment of new ones. Under the committee’s plan, the company’s new board of directors will have six members instead of seven. As reported by Catena Media, the Nomination Committee proposed the re-election of Øystein Engebretsen, Theodore Bergquist, Adam Krejcik […]

Business
March 25, 2024
BetMakers Starts Search for New Chief Financial Officer
BetMakers Technology Group, the leading international provider of business-to-business betting data, technology, services and solutions, announced changes to its senior-level team. In a statement on Monday, the company said that its chief financial officer (CFO), Anthony Pullin, confirmed his intention to resign from his role with the company. The executive first joined BetMakers five years […]

Business
March 25, 2024
Entain Publishes 2023 UK Gender Pay Gap Report
Entain has published its latest Gender Pay Gap Report, highlighting the differences between the salaries of male and female customers. While the hourly gap remained rather low, the bonus pay gap remained significant. As per the Equality Act 2010, Entain published its gender gap results for 2023, highlighting a median hourly gender pay gap of […]

Business
March 22, 2024
IGT Refreshes Leadership with New Appointments
International Game Technology, a global leader in the provision of gaming content, has unveiled new additions to its board and executive team. First of all, Marco Drago decided to step down from his role as a non-executive director. He will remain with the company until the official end of his term and will depart after […]

Business
March 22, 2024
Star Entertainment Announces Leadership Changes as NICC Probe Looms
Star Entertainment Group, an Australian gambling giant, is set to undergo another leadership reshuffle. As announced by the operator, Christina Katsibouba, its chief financial officer, is set to exit with immediate effect. More importantly, Robbie Cooke will step down as CEO amid the ongoing license suitability concerns. Katsibouba Departs, O’Connell Joins as Interim CFO Katsibouba’s […]

Business
March 22, 2024
Gambling.com Posts FY 2023 Results & FY 2024 Guidance
Gambling.com Group, a provider of high-performance digital marketing services for the iGaming industry, has posted its Q4 and FY 2023 results. In addition to that, the company updated its guidance for 2024. In Q4 2023, Gambling.com recorded revenue of $32.5 million, up from $21.3 million in Q4 2022. The company also reported quarterly adjusted EBITDA […]

Business
March 22, 2024
Nevada Fines Riverside Casino for Excessive Use of Force by Security Staff
The Nevada Gaming Commission has issued a fine of $500,000 to Riverside Resort & Casino for two cases of excessive use of force by the Laughlin property’s security staff. Most of the people involved in the violence have been since fired. As outlined in a complaint filed by the casino, the first case occurred in […]

Business
March 22, 2024
Rush Street Reportedly Eyes Sale, Reaches Out to DraftKings
Rush Street Interactive, one of the gaming groups in North America, is reportedly considering a potential sale amid a strategic review of its business. Anonymous sources also told Bloomberg that the operator has contacted a number of influential companies who could be potential buyers, including DraftKings. Rush Street, through its numerous brands, offers casino gaming […]
